Question

After earning a profit of $10 billion, Tekmake decides to double its profits within the next five years. It lays out broad goals and develops a market penetration strategy to accomplish its goals. In this case, the process by which Tekmake is going to achieve this goal is called _____. a. deflation

Answer 1

Answer:

Planning

Explanation:

Planning is the most crucial step which helps to achieve certain goals and objectives. It is the job of a manager and heads to execute the planning phase that involves complex procedure and steps. So In the above case, Telmake is going to increase its profits within the next five year by carefully planning the company's goals and operations.